that cannot be found? Or under-collateralized funds?
We don't have the details on the audit and its results, but once we have we will publish them to inform the community.
I’m not asking about the audit results. The audit is to find the cause of the “disbalance”. What is disbalanced?
The main target of the audit is to determine the impediments for withdrawals of different assets.
audit is held by your team. why dont you have any information?
The audit is ongoing and once the results are available - we will inform the community.
So why did they say “disbalance” instead of that?
Greetings! Because it's one of the possible words which is relevant here.
Probably the worst possible word unless you are simply admitting that you lost user funds and are trying to find where they went.
Sorry, but disbalance doesn't mean losses.
What? Disbalance means we can’t withdraw funds because there’s no liquidity left, how different with losses.
Why do you assume there is a disbalance ? If all the bridge did is safeguarding 1 for 1 How can there be technically a difference between safeguarded usdt and usdt-wx
Hello, the system of the old gateways used a different method of storing liquidity, the audit is currently being carried out to determine all the wallets of the gateways, on which liquidity has accumulated and accumulated for so many years. And these are the gateways for the USDT-WXG token For decentralized bridges from the Pepe team (USDT), a fundamentally different approach is used and it is incorrect to compare one with the other
My question is about the initial bridge, the new bridge has nothing to do with that in fact. I find it a bit disgusting that people who safeguarded there funds on the old bridge, were answered many times here some things like "don't worry, the new bridge will solve that" People who deposited their funds via the old bridge have no funds anymore to have the chance trying the new bridge, the new bridge is none of their business
As far as I know, the team has always said that new bridges will solve the problem with transparency and decentralization, but not with liquidity
As for the loss of funds by users, making such statements before the end of the audit is at least unfounded and may mislead some new users
So as of now the team is not sure there is any discrepancy between the amount of circulating usdt-wxg versus real usdt safeguarded?(and usdc) It opens the way for a 100% recovery in short term for the old gateway depositors ?
We have an ongoing audit on this matter. After the end of audit we will publish the result. Stay tuned and follow our updates at @wx_network
Do you think the audit will be published this month ?
You mean the report? We have already published announcement regarding the end of audit of WBTC gateway, more results will be published soon!
Yes for usdt and usdc which currently are trading 90% below the dollar
I have no exact date, but we will make an announcement on this matter
if there isn't not 100% of the funds available and some users funds have been lost, I hope you find the guilty (do you think there was a hack or something which wnet unnoticed ?) and that you find a way to bring 100% immediate or short term liquidity back to the old gateway depositors
All such topics should be discussed in the @wavesissues chat. We are ready to help you here with WX Network services.
False. Many times we were told that new bridges would help with liquidity because it would take strain off of legacy gateways.
Hi Ted! We hope that the situation will significantly improve after the audit as well as the market will come back to balance.
Lars hope is not what we expect from an exchange
Hello! We just need to wait for the audit result and the situation will become clearer.
are the Pepe team affiliated with the very hot PEPE coin that is going around right now? if not then why are they called Pepe... are they related to the frog?
Hi neetlord! As I know, no, there is no affiliation. But you'd better clarify this question by using the relevant telegram group: PepeTeam
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